Ajman Free Zone

One of the seven emirates that make up the United Arab Emirates, Ajman is home to the free economic zone known as the Ajman Free Zone. (UAE). It was established in 1988 to provide businesses with a tax-free and fully serviced environment in which to operate. The Ajman Free Zone Authority (AFZA) regulates and develops the free zone. It offers a range of services to businesses, including company formation and registration, visa and immigration assistance, and office and warehouse rental.

The Free Zone is home to various businesses, including trading and manufacturing companies and service providers, such as consulting firms and advertising agencies. AFZA is a broader region with easy access to ports, airports, and major road networks. Companies have the same legal status inside the UAE as any other UAE Free Zones Companies in trade, imports, exports, contracts, visas, E-commerce, and Banking Facilities. AFZA free zone aims to provide crucial cost-saving benefits for entrepreneurs compared to other free zones within all UAE Emirates. You Want to Start a Business in Ajman Free Zone

Benefits of Ajman Free Zone Authority Company Formation

There are several benefits to setting up a company in the Ajman Free Zone:

• Tax benefits:
  One of the main advantages of the AFZA Free Zone is that it is tax-free, and companies based in the free zone are not subject to corporate or personal income tax.
• Simplified bureaucracy:
  The Ajman Free Zone Authority (AFZA) streamlines the process of setting up a business, offering a range of packages and support services to help businesses get started.
• Flexible leasing options:
  The AFZA offers flexible leasing options for offices and warehouses, allowing businesses to scale up or down as needed.
• Access to major markets:
  It is well-connected to the rest of the UAE and the wider region, providing businesses access to major markets.
• Range of business activities:
  Free Zone allows companies to engage in various business activities, including trading, manufacturing, and services such as consulting and advertising.
• Supportive business environment:
  The AFZA provides various support services to businesses based in the free zone, including visa and immigration assistance, business development support, and access to various networking and promotional events.
• 100% foreign ownership:
  Foreign investors can fully own companies based in Ajman, allowing for complete control over the business.
• No currency restrictions:
  No restrictions on foreign currencies make it easier for companies to conduct international business.
• Strategic location:
  The Free Zone is near major ports, airports, and road networks, providing businesses with excellent connectivity to the rest of the region.
• Diverse business community:
  Home to a diverse community of businesses from various industries, providing networking and collaboration opportunities.
• High-quality infrastructure:
  Free Zone offers modern and well-maintained infrastructure, including high-quality office and warehouse spaces and access to utilities and telecommunications services.
• Proximity to major cities:
  The AFZA Free Zone is just a short distance from major cities such as Dubai and Sharjah, providing businesses with a large and diverse talent pool.

Free Zone Ajman Companies List Allowed for AFZA

Ajman Free Zone allows for the registration of multiple entities, including Free Zone Establishment (FZE) and Free Zone Company (FZC) entities. These entities can be 100% foreign-owned, engage in commercial and industrial activities, and offer the option to register a Branch Office of a foreign or local company. The authority does not specify the maximum number of entities that can be registered.

Ajman Free Zone Authority (AFZA) allows for the following types of business formation:

• Free Zone Establishment (FZE):
  Free Zone Establishment (FZE) is a one-shareholder company permitted to participate in both commercial and industrial activities.
• Free Zone Company (FZC):
  The company has more than 2-shareholder that can also engage in commercial and industrial activities.
• AFZA Free Zone Entity
• AFZA Free Zone Company
• Branch of a Local Company
• Branch of a Foreign Company

Ajman Free Zone license Categories and Business License Setup Packages Cost

AFZA Free Zones Authority issues e-commerce licenses to companies set up in electronic trading business through the website and online. It also helps provide technical and marketing support to investors in the UAE.

The Authority issued an Ajman free zone offshore company formation license to those who wish to set up an international business in a Free Zone company with no local physical business and other benefits similar to those of free zones in the United Arab Emirates.

Ajman company formation in the free zone region allows businesses to do business in the services industry. AFZA provides professional services license activity such as IT Consultancy, Management Consultancy, and Marketing, among many other services.

An industrial license is issued to foreign UAE companies that wish to carry out manufacturing activities in the Free zone in Ajman as per the manufacturing policies and environmental standards in Ajman. The authority provides innovative stores and warehouses to facilitate this activity. It helps to ensure that all the investor’s requirements are obtained in one place.

TYPE OF FACILITY VISA ELIGIBILITY ANNUAL FEE

• Smart Desk Depends on the activity and terms of payment
• Executive Offices Depend on the activities and terms and conditions of payment
• Ajman Visa Services

Name Approval           110,  E- Channel      2100, E- Channel deposit            5100
Security Approval,                Visa charges   2600, Establishment Card,

TYPE OF FACILITY VISA ELIGIBILITY ANNUAL FEE

• Smart Desk 2 Depends on the activity and terms of payment
• Executive Offices 5 Depends on the activity and terms of payment
• Ajman PRO Services

Other Charges in Afza The Mandatory Establishment Card is a mandatory document to enable the company to register in the Residency Department. A Power of Attorney signed by the Manager or Shareholder is required if a company would like to appoint a PRO to represent it for visa purposes in the Free Zone.

• DOCUMENTS COST
• Memorandum of Association AED 1000
• Share Certificate AED 100
• Establishment Card AED 535
• Power of Attorney AED 1500

The cost of each visa may differ depending on the visa activity or profession and whether the person is currently in or out of the UAE. Visa validity for an Investor’s visa is 3 years, and 2 years validity for an Owner, Partner, Manager, and Employee visa.

The Ajman Free Zone Authority has an online customer portal that allows registered companies to access various services and information related to their business. A customer portal is accessible from the AFZA official website and requires a login and password or sign-up. Once logged in to an online portal, companies can access the following services:

1.  AFZA customers can renew their trade licenses through the online portal.
2. Every Company can access many e-services, such as visa applications, trade license renewals, and certificate of origin applications.
3. AfZA registered. Companies can view and download their license, trade name certificates, and other important documents.
4. Clients can view company information, including their registered address, contact details, and authorized signatories.
5. Afza offers e-services for Companies that can view their invoices and make payments online through the customer portal.
6. AFZA Companies can apply for and track their employee’s visa applications through the customer portal.
7. Companies can receive notifications about upcoming renewals, payments, and other important information related to their business.

The customer E-portal is convenient and efficient for managing business in the Ajman Free Zone. Companies are encouraged to check the customer portal regularly for important updates and information.